Understanding Multifamily Financials 3 Part Course

• Session 1:   Foundations of Investment and Property Management
  • Understanding Multifamily Investments
  • Property Management vs.  Investment Management
  • Understanding Value
  • Understanding Leverage
  • The impact of every day decisions made be property managers
• Session 2:  Getting to the Bottom Line
  • Reading a Financial Statement
  • Income Explained
  • Operating Expenses Explained
  • Net Operating Income (NOI) and why it matters
  • Asset Related Expenses Explained
  • Getting to the bottom line – The cash flow formula
  • Basic Accounting Principles
  • The impact of Vacancy and Concessions
• Session 3:  Managing for Value
  • Important Success Metrics (ROI, Value, Economic Occupancy, Same Store Comparisons, O/E Ratio)
  • Valuation and Cap Rates
  • Performing the Value Calculation
  • Applying the Value Calculation to every day decisions. 
  • Summary of applying the principles in all 3 programs to change the trajectory of your assets and your career

June 15th

August 17th

September 14th